Recurrent expenditure of a local government include

The accounting principle of double entry states that

Lima paid off debt of D2,500 owed to Dongo by cash. The entries in lima's book are: debit

The petty cash account has an imprest of GH¢36,000 and a debit balance of GH¢10,000 at the end of the month.The reimbursement required would be

Commercial activities undertaken by a social club to raise funds include